To: judge who wrote (709 ) 1/26/1999 3:41:00 AM From: slaffe Respond to
One of the people that I got to meet in LV was a fellow by the name of Drew Connelly. He is a large shareholder in rdim. He spoke in rebuttal to Jeffrey henken's comments of si members beta testing the demo site and how si members would make excellent potential members for rdi buying clubs. Drew obviously has a disdain for message boards. He spoke of a meeting he had with the sec fraud unit and their ability to monitor the boards and of how he has seen small startup companies held hostage to a tick by tick movements, false info spread thru the boards and the general abuses brought on in these types of forums. These abuses ultimately lead to a sec investigation which has the effect of setting a company back six months irregardless if they are innocent or guilty. His comment that stands out to me was "We are not interested in attracting the daytraders, the flippers, we want the long term investor that will be present at the annual meeting this year and in the future years".
